Indonesian Mining Association


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Pusat Investasi Akan Beli Newmont

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JAKARTA - PT Pusat Investasi Pemerintah menyatakan ditugasi Menteri Keuangan membeli saham PT Newmont Nusa Tenggara yang hendak didivestasi. Kepala Pusat Investasi Pemerintah Soritaon Siregar mengatakan, . eksekusi saham akan dilaksanakan sebelum Maret tahun depan.

Soritaon mengatakan, Menteri Keuangan Agus Martowardojo telah meminta perseroan menyiapkan diri sejak pertengahan Desember tahun ini. Namun perintah tersebut baru lisan belum perintah tertulis.

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US$2.28 Billion in Investments Pumped Into Mining Industry

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By Rangga D. Fadillah

According to the Energy and Mineral Resources Ministry, the total investment in the mineral and coal mining sector in 2010 was US$2.28 billion (Rp 25.38 trillion), surpassing the ministry’s target of $2.119 billion.

Bambang Setiawan, directorate general of mineral and coal at the ministry, said on Wednesday that he was proud of the achievement and optimistic that the country could attain the 2011 investment target of $2.25 billion.

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State Agency May Buy Newmont Shares

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By Alfian

The Finance Ministry has asked the state investment agency PT Pusat Investasi Pemerintah (PIP) to set aside US$271.6 million for a 7 percent stake in PT Newmont Nusa Tenggara (PT NNT), a local unit of US-based mining giant Newmont Mining Corporation.

"We have been asked to prepare for the acquisition of a 7 percent stake, but we have not been officially ordered to buy yet," PIPs chair Soritaon Siregar said Wednesday.

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Presidential Regulation On Underground Mine To Be Legalized

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JAKARTA - The drafting of legal umbrella on underground mining is entering its final stage. The forestry minister Zulkifli Hasan, hopes that the legal umbrella in form of the presidential regulation can be completed in the following weeks.

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